Frequently Asked Questions
1. What is the first step in of the home buying process?
Find a good Realtor! A good Realtor will ask you all the right questions and help you get started.
2. How long does it take to buy a home?
The time can vary, but the average time is 30 days from placing an offer on a house to closing on one.
3. What is a Seller’s Market? What is a Buyer’s Market?
The short answer is supply and demand. A Seller's Market occurs when there are a lot more buyers than sellers. A Buyer's Market occurs when there are a lot more sellers than buyers.
4. How much do I need for a down payment?
You can put down as little as 3% on a home, but to get the best rate you would typically put down as much as 20%.
5. What is earnest money?
Earnest money is a good faith gesture made by the buyer. It is not required, but it shows the seller you are serious about buying the home. This is typically around 1% of the list price of the home.
1. When should I sell my home?
Conventional wisdom says to sell your house in the spring, but in reality, there is a market in this area all year long. So really, it's the time that is best for you.
2. How do I get my home ready to sell?
Getting your home ready is extremely important. The more effort you put into decluttering, staging, painting, etc. the more you stand to make on the sale. We'll tell you exactly what we recommend you do to help your home make the best impression.
3. How do you figure out what price to list my house?
We look at comparable sales and trends that have occurred in the past few years, and then give our sellers various price ranges depending on their motivation and how quickly they want to sell. We factor all of these things into pricing in order to maximize your return.
4. What does a Realtor do to sell my house?
We market your house using all the tools in our toolbox, including listing it on multiple listing services, using top-notch professional photography, as well as good old fashioned hustle. We stay busy. "Business begets business," and we do lot of business in this town. We know the right people, and we can often have a buyer lined up before the house is even listed.
5. What should I do to prepare for showings?
You have to be ready, willing and able to head out on a moment's notice. You want a buyer to have the most comfortable buying experience possible. So, you need to make sure the house is clean and presentable and then not be there for the showing.